{"id":20436,"date":"2013-05-01T07:18:46","date_gmt":"2013-05-01T06:18:46","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=20436"},"modified":"2013-05-01T07:19:21","modified_gmt":"2013-05-01T06:19:21","slug":"osborne-heralds-the-return-of-light-touch-regulation-and-a-wish-for-boom-and-bust","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/05\/01\/osborne-heralds-the-return-of-light-touch-regulation-and-a-wish-for-boom-and-bust\/","title":{"rendered":"Osborne heralds the return of light touch regulation and a wish for boom and bust"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.guardian.co.uk\/business\/2013\/apr\/30\/george-osborne-bank-england-recovery\" target=\"_blank\">Guardian notes\u00a0this\u00a0morning\u00a0that<\/a>:<\/p>\n<blockquote><p>George Osborne\u00a0has warned the\u00a0Bank of England\u00a0that it risks derailing Britain's fragile economy if it uses tough new financial watchdog powers to clamp down too hard on the City.<\/p>\n<p>The chancellor told the Bank's governor on Tuesday that Threadneedle Street's new financial policy committee (FPC) should take account of the impact of its actions on \"near-term economic recovery\" when deciding on the regime under which banks operate.<\/p><\/blockquote>\n<p>Gordon Brown must be delighted. Could there be a clearer signal that Osborne now believes in light touch regulation and wishes for boom and bust - the very hallmarks of Brown?<\/p>\n<p>The Treasury has, very obviously, learned nothing from the recession.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Guardian notes\u00a0this\u00a0morning\u00a0that: George Osborne\u00a0has warned the\u00a0Bank of England\u00a0that it risks derailing Britain&#8217;s fragile economy if it uses tough new financial watchdog powers to clamp<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/05\/01\/osborne-heralds-the-return-of-light-touch-regulation-and-a-wish-for-boom-and-bust\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-20436","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=20436"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20436\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=20436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=20436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=20436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}